BRICS Summit 2026 New Delhi Declaration Advances De-dollarization and Digital Currency Cooperation
The Quick Take
- BRICS leaders adopted the âNew Delhi Declarationâ on Day 1, voicing concern over G-7 rate policies and dollar dominance
- The declaration advances commitments on de-dollarization through local currency trade settlement mechanisms
- Digital payment system cooperation and cross-border CBDC interoperability were advanced as near-term implementation priorities
- India as host reinforced its bridge role between BRICS developing economies and Western financial institutions
The B
Whatâs your take on this? Join the discussion below.
Read the full analysis on market.news